Business
Business, 24.04.2020 15:42, Lavibookman7934

A computer firm named Tech Now is anticipating a major expansion in a highly controversial area of business. The management of Tech Now believes that risk is, in the end, always rewarding. However, the one kind of risk they most fear is an unstable legal environment. Through an old college friend who is on the staff at the White House, they obtained a list of the probable appointees to the U. S. Supreme Court over the next four years. They immediately put their best researcher on the task of identifying the legal opinions of each candidate. They know that legal philosophy is the best predictor of future decisions; they focus on the legal reasoning of Juan Oh, the reported first choice of the president for the next position on the court. The underlying assumptions that a judge brings to a case play a major role in shaping his or her decisions. The description of legal philosophies under the "Schools of Jurisprudence" section of your text (LO 1-6) provides a thumbnail sketch of the kinds of assumptions about human nature that guide legal reasoning. For example, a judge guided by cost-benefit calculations would attempt to see legal cases as a struggle over the monetary value of risks and harm and business behavior. Remembering that the best predictor of how a judge will decide future cases is his or her past decisions about legal issues, identify the legal philosophy of Juan Oh by analyzing his most recent decisions contained in the following report. Judge Oh has a long record of decisions, many of them consistent with his ongoing legal philosophy. Below are just a few of his representative decisions:
1. In Big Elk v. Americo, Judge Oh argued that Americo's contract with Big Elk was invalid because the use of such complicated contracts by Americo with customers who it knew were largely illiterate was unfair on its face and, as such, did not permit a genuine agreement.
2. Judge Oh's dissenting opinion in Safe N Secure v. Nanette Yu challenged the majority's willingness to turn its back on the health needs of the elderly. Citing the increasing costs of medical care for those in nursing facilities, Judge Oh reminded us that we share a destiny, in the sense that we will all be weak and in need of community support eventually.
3. In a significant legal decision, Judge Oh argued that in the current economy, with long bouts of unemployment, the state has the responsibility for the health and welfare of its citizens to extend unemployment benefits. Hence, he found that the legislature had acted within its implied powers when it extended those benefits for three years. Judge Oh represents which of the following legal philosophies?
A. Cost-benefit analysis.
B. Tradition.
C. Identification with the vulnerable.
D. Legal realism.
E. Natural law.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 12:10, felisha1234
Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
image
Business, 22.06.2019 20:10, elora2007
The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept, the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year. to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51
Answers: 2
image
Business, 22.06.2019 21:00, nasrah
Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost
Answers: 2
image
Business, 23.06.2019 00:10, gisset9
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
Do you know the correct answer?
A computer firm named Tech Now is anticipating a major expansion in a highly controversial area of b...

Questions in other subjects:

Konu
Biology, 24.09.2019 11:30